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5825 E UNIVERSITY Drive Mesa, AZ 85205
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Key Details
Sold Price $2,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6185528
Sold Date 05/03/21
Maintenance Fees $6,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1984
Annual Tax Amount $7,169
Tax Year 2020
Lot Dimensions IRR
Property Description
Demand is so High for These Red Brick Beautiful Buildings Feature 8-2 Bedroom Units and 8-1 Bedroom Units, 100% Rented and Rarely a Vacancy. Many Long Term Occupants of 5 Years or More Up to 12 Years. Each Unit has a Private Patio, Full Size Washer/Dryer Hook-up.
Interiors Well Kept and Separately Metered for Electric. Each Building Has it's Own Parcel Number 141-49-006-P,Q,R & S. This Property has Been Owner Operated for Approximately the Last 17 Years. Owner has Serviced Air Conditioners Annually
and All Appear to be in Working Condition. Property is in the County, Although Water & Sewer is Serviced by City of Mesa. All Facts and Figures are Approximate, Buyer to Verify to Their Satisfaction.
Location
State AZ
County Maricopa
Zoning R3
Direction East to Property. Driveway B
Interior
Heating Individual, Electric
Cooling Individual, Electric
Flooring Concrete
Appliance Disposal, Refrigerator, BI OvenRange
Exterior
Parking Features Common
Community Features Golf/Putting Green, No Pool
Roof Type Composition
Total Parking Spaces 22
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Mesa Unified District
Others
Senior Community No
Tax ID 141-49-006-Q
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with ABI Multifamily